If a stock had returns of 31%, 4%, and 16% over the last 3 years...
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Accounting
If a stock had returns of 31%, 4%, and 16% over the last 3 years and the average return on the stock over this 3-year period was 17%, what was the variance of the stock's returns over this 3-year period? Do not round intermediate calculations, ROUND THE FINAL ANSWER TO 5 DECIMAL PLACES

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